Irrevocable trusts often can be modified. They can be modified under the Uniform Trust Code or a state law decanting. While these modifications may be determinative of the state law consequences, they may not determine federal tax consequences. Read on to learn more.
Consequences of Modifying an Irrevocable Trust
Latest posts by Barry D. Horowitz, Estate Planning Attorney (see all)
- Staying Current is Especially Important in the Pandemic – Part 2 - January 14, 2021
- Staying Current is Especially Important in the Pandemic - January 12, 2021
- Planning Is Important - January 7, 2021
